All articles

To combat theft, Walmart tests the unlocking of its display cases by smartphone
The world’s largest retailer Walmart (sales of US$648 billion up 5.5% in 2023, up by 5.4% in Q2 to July 2024) is stepping up efforts against theft. While many products with average face...
15 November 2024
Seven & i drops the curtain in Israel
After only 18 months of selling in Israel, the world’s 4th largest food retailer by sales, Seven & i Holdings (sales 2023: US$127 billion, down by 2.9%) confirmed closure on November 12...
14 November 2024
Bonpoint to be sold to China’s Youngor
The EPI group ( Bonpoint, Weston, Piper-Heidsieck, Charles Heidsieck and Biondi-Santi brands) is looking to sell the upmarket children’s label Bonpoint. According to La Lettre, it is...
14 November 2024
Klarna files I.P.O. document with Wall Street
The I.P.O. of Sweden’s Klarna is taking shape. On November 12, the Swedish BNPL company announced that it had “confidentially” filed a first version of a registration document...
14 November 2024
[mind Retail Exclusive] Schmidt invents a new range of kitchens using 30% less materials
On November 6, the Schmidt Group (sales 2023: €668 million via 900 stores under the Schmidt, Cuisinella and ID Pro brands) unveiled a new collection of kitchens, central islands, bookcases...
Cyberattack: 45,000 Picard customers’ data compromised
Frozen food specialist Picard (€1.8 billion in sales in 2023, up 5.9% in one year) has fallen victim to a cyberattack involving customers’ personal data. “We detected, via...
13 November 2024
Retail media : E.Leclerc launches non-food Search with Criteo
To capitalise on customer data and retail media opportunity, grocery retailer E.Leclerc is continuing a collaboration with Criteo. In the run-up to the holiday season, it launched a sponsored...
12 November 2024
[Amazon results] Amazon doubles net margin in 9 months to September and announces record CAPEX for 2024
In Q3 2024, Amazon's sales and profitability exceeded analysts' expectations. The group has managed to maintain the online business and accelerated the strongest P&L contributors, in order to...
Simbe raises US$50 million to deploy computer vision robots
On October 24, U.S. retail tech company Simbe Robotics closed a US$50 million Series C round, led by Goldman Sachs, with investors Eclipse Ventures and Valo Ventures. Its 1.8-meter white robots...
7 November 2024
Retail property: Blackstone strengthens on the U.S. West Coast with a US$4 billion acquisition
On November 6, 2024, U.S. investment fund Blackstone (US$336.1 billion in assets) announced the acquisition of Retail Opportunity Investments Corp (valued at US$2.13 billion) for approximately...
7 November 2024
With US$1.72 billion, Lulu signs the biggest I.P.O. of the year in the Gulf
U.A.E.-based Lulu Retail Holding (2023 sales of US$7.3 billion via 260 supermarkets and 24 malls) raised US$1.72 billion in an initial public offering on the Abu Dhabi Stock Exchange (ADX) on...
6 November 2024
Véronique Discours-Buhot (French Franchise Federation): “We expect a slowdown in franchise openings for 2024”
After a 9% increase in franchised stores last year, the General Delegate of the FFF is anticipating a slowdown in new franchise openings in France in 2024. While BPCE, the leading bank for...
Auchan Retail wants to cut 1,000 jobs in French stores
While Auchan Retail is negotiating the sale of the Russian stores, the company is also due to rationalise French assets. To accompany the reduction in retail space, the group intends to cut 2,389...
5 November 2024
After raising US$27 million and doubling retail clients, Stoïk wants to accelerate in fashion
Ahead of Black Friday, on November 29, Stoïk, a specialist cyber risk insurance solution, signed an agreement with the French Fashion Federation (Fédération Française du...
4 November 2024
Alibaba strengthens payment security for third-party merchants to accelerate B2B growth
A year after acquiring Visable, a B2B e-commerce platform publisher, Alibaba (2023 sales US$130.4 billion, up by 8%) launched Trade Assurance on October, 28. On Alibaba.com B2B platform (the...
[mind Retail Exclusive] Kiabi deploys CrushOn Connect second-hand solution in 70 stores
When availability of second-hand products is a growing challenge for retailers, Kiabi signed up with technology publisher CrushOn, mind Retail has learned. The aim is to streamline the sourcing of...
Our other services
mind Research
Strategic Intelligence: Tailored research and market analysis services to power your insights and back your strategic decisions.
See more
mind Days
Networking & Events: Half-day conferences covering key industry topics and open to the entire ecosystem.
See more
Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
What readers clicked on the most last month.
1
US retailers divided over the rise of autonomous shopping agents
In the US, Gap, Walmart, Best Buy, Amazon and eBay are taking very different approaches to agentic commerce. While TV shopping giants QVC and HSN see these new intermediaries as an opportunity to...